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Billionaire Mario Gabelli‘s GAMCO Investors recently filed a Form 13D with the Securities and Exchange Commission in which it reported acquiring, together with its affiliates, 2.38 million ordinary shares of Fleetmatics Group Plc (NYSE:FLTX), which amass 6.08% of the company’s outstanding stock. Out of the aggregate amount, GAMCO solely owns 644,759 shares, which represent 1.65% of the company’s float. The acquisition represents a new addition to GAMCO’s portfolio.

Fleetmatics Group is a holding company that provides a variety of mobile workforce solutions for service-based enterprises. Recently, the company announced signing an agreement with Verizon Communications, upon which Verizon will buy Fleetmatics Group for $60 per share, or around $2.4 billion in total. There is little upside in a merger-arb play for the average investor at this point, as shares currently trade at $59.96. However, given its large position, GAMCO stands to make hundreds of thousands of dollars, having acquired its position at a more attractive average price.

Out of the 749 hedge funds that we track which filed 13F’s for the June quarter, 11 were bullish on Fleetmatics Group Plc (NYSE:FLTX) at the end of June, down by one from the end of the previous quarter. Among the biggest investors during the quarter were Jim Simons’ Renaissance Technologies, which held a position valued at $25.92 million, and Vivek Mehta and Aaron Husock’s ShearLink Capital, with a position worth around $10.76 million. Other smart money owners of the stock included Ken Griffin’s Citadel Investment Group, George Hall’s Clinton Group, and Edward Goodnow’s Goodnow Investment Group.

Associated Capital Group, Inc. I.D. No. 47-3965991 Check the appropriate box if a member of a group (SEE INSTRUCTIONS) (a) (b)

0.00%

Mario J. Gabelli

31,000

31,000

31,000

0.08%

Mario Gabelli

GAMCO Investors

Page 1 of 19 – SEC Filing

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

Fleetmatics Group Plc

(Name of Issuer)

Ordinary Shares, nominal value €0.015 per share

(Title of Class of Securities)

________G35569105_________

(CUSIP Number)

David Goldman

GAMCO Investors, Inc.

One Corporate Center

Rye, New York 10580-1435

(914) 921-5000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

______________________August 31, 2016________________________

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box .